GE Vernova to acquire Trench Group for $9B as gas turbine demand slows

GE Vernova is expanding into high-voltage equipment manufacturing through a $9 billion acquisition of Trench Group, a shift that reflects broader industry pressure as orders for natural gas turbines decline amid the shift toward renewable e

First covered Oct 29, 2026 · 10:40 AM PT · 1 article · no longer in the live window

Coverage

12d Utility Dive GE Vernova in $9B deal to buy high-voltage manufacturer as gas turbine orders slow — The acquisition of Trench Group will help GE Vernova capitalize on rising electricity demand, company executives said.

More coverage from around the web

tdworld.com GE Vernova to Acquire Trench Group for $9 Billion

bloomberg.com GE Vernova Agrees to Pay $9 Billion to Acquire Trench Group - Bloomberg

finance.yahoo.com GE Vernova To Acquire Trench Group For $9B, Raises 2026 Guidance After Q3 Revenue Beat — What Investors Need To Know

solarquarter.com GE Vernova To Acquire Trench Group For $9 Billion To Expand High-Voltage Grid Equipment Business - SolarQuarter

fool.com GE Vernova's $197 Billion Backlog, $9 Billion Acquisition, and One Clear Strategy

Appeared in: 2026-10-30 (#17)

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